Standex International (SXI) Set to Announce Earnings on Thursday

Standex International (NYSE:SXI - Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $1.67 per share for the quarter.

Standex International (NYSE:SXI - Get Free Report) last issued its earnings results on Friday, February 2nd. The industrial products company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.06. Standex International had a return on equity of 13.63% and a net margin of 18.80%. The firm had revenue of $178.40 million for the quarter, compared to analyst estimates of $180.25 million. During the same period last year, the company earned $1.74 earnings per share. The firm's revenue for the quarter was down 5.0% on a year-over-year basis. On average, analysts expect Standex International to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Standex International Stock Performance

NYSE SXI traded up $1.21 during trading hours on Friday, hitting $172.81. The company had a trading volume of 39,545 shares, compared to its average volume of 52,563. Standex International has a fifty-two week low of $117.72 and a fifty-two week high of $184.18. The company has a quick ratio of 2.58, a current ratio of 3.34 and a debt-to-equity ratio of 0.24. The business has a fifty day simple moving average of $173.37 and a 200-day simple moving average of $155.57. The firm has a market cap of $2.05 billion, a P/E ratio of 14.87, a price-to-earnings-growth ratio of 2.64 and a beta of 1.03.

Standex International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Friday, May 10th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, May 9th. Standex International's dividend payout ratio (DPR) is 10.33%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. StockNews.com lowered Standex International from a "strong-buy" rating to a "buy" rating in a report on Monday, February 5th. DA Davidson raised their price target on Standex International from $165.00 to $200.00 and gave the company a "buy" rating in a report on Wednesday, March 13th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Standex International has a consensus rating of "Buy" and a consensus price target of $195.00.

Insider Activity at Standex International

In related news, Director Barbara Joanne Edwards sold 1,661 shares of the firm's stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $152.19, for a total transaction of $252,787.59. Following the completion of the transaction, the director now owns 4,811 shares of the company's stock, valued at $732,186.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CEO David A. Dunbar sold 5,000 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $165.00, for a total value of $825,000.00. Following the completion of the transaction, the chief executive officer now owns 62,233 shares in the company, valued at approximately $10,268,445. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Barbara Joanne Edwards sold 1,661 shares of the stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $152.19, for a total value of $252,787.59. Following the completion of the transaction, the director now owns 4,811 shares of the company's stock, valued at approximately $732,186.09. The disclosure for this sale can be found here. Insiders sold 18,084 shares of company stock valued at $2,980,448 over the last 90 days. 2.28% of the stock is currently owned by corporate insiders.

About Standex International

Standex International Corporation, together with subsidiaries, manufactures and sells various products and services for commercial and industrial markets in the United States and internationally. It operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.